Emirates and Etihad extend wage cut to September 2020
The two gulf companies Emirates and Etihad have decided to prolong to September 2020 the wage reduction they…
Aviation Economics & Finance
920 articles
Understand the financial dynamics of the aviation industry with our articles on economics, investments, and financial trends.
Cost of the crisis? Lufthansa burning $896 million per month
There is no doubt that the coronacrisis is an unprecedented event in the history of the aviation industry.…
Another government bailout for South African Airways?
The South African government is ready to inject more cash into South African Airways, a leaked draft plan…
Two final bidders picked for Virgin Australia takeover
Virgin Australia administrators announced that two potential buyers remain to compete for the airline takeover, after its collapse…
Ryanair gives ultimatum to French pilots: 20% wage cut or layoff
Expecting losses in the second quarter of 2020, Ryanair plans to cut wages by 20% among pilots and…
“Hibernating” Norwegian doubles losses in Q1
The long-haul low-cost carrier, which flexed its muscles when it entered the long-haul market with the no-frills model,…
Corona Crisis Might Trigger Massive Digital Transformation in the
The corona pandemic has had a significant impact on the aviation industry leaving several airlines fighting for their…
Air New Zealand is preparing to be 30% smaller in two years’ time
The national flag carrier of New Zealand, Air New Zealand, was no exception to the aviation’s industry pain…
All she wrote: LATAM Airlines enters Chapter 11 bankruptcy
Undoubtedly, the current pandemic is set to result in a lot of airlines struggling for survival. However, the…
Netherlands entry into Air France-KLM judged unlawful
When the Dutch authorities upped their stake in Air France-KLM in February 2019, the decision raised many eyebrows.…
Norwegian secures $300 million state aid guarantee
Norwegian, the low-cost long-haul carrier, has finally seen some light at the end of the tunnel, as the…
How important is data analysis for airlines during COVID-19?
During the third episode (Plan Recovery) of the International Air Transport Association (IATA) webinar, different guests (CEOs, Directors…
Taiwanese airlines report worst quarter results in a decade
Under the impact of the COVID-19 epidemic, the aviation industry has had miserable performance this year. China Airlines,…
Brussels Airlines could fire 1000 employees, unions in shock
Brussels Airlines presented a recovery plan that includes a reduction of its workforce by a quarter and of…
Emirates 2020 Financial Results: Liquidity Risk
On the 10th May 2020, the Emirates group released the 2019-2020 Annual Report. For the 32nd consecutive year…
Indonesia prepares $1 billion lifeline to save Garuda
The Indonesian authorities drafted a 1$ billion rescue plan for the national airline, Garuda, to prevent it from…
Only profitable airline in the skies? SkyWest posts profit
With all the gloom and doom surrounding the aviation and state of airlines, one company seems to be…
IAG set to lose $1.6 billion on fuel-hedging alone
The global coronavirus pandemic, coupled with a Saudi Arabia-Russia price war, sent oil prices dwindling down to historic…